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Re-qualifying Mandatory Weeks

Discussion in 'Vistana Signature Experiences (formerly Starwood)' started by The Haileys, May 12, 2018.

  1. The Haileys

    The Haileys Guest

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    Location:
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    Resorts Owned:
    Westin Ka'anapali Ocean Resort Sheraton Flex Sheraton Vistana Villages - Bella EY
    We're pondering an offer from Vistana.

    We own:
    Direct purchase (before we found y'all)
    - WKORV EOY odd (1 Bed OV, 81K SOs)
    - Sheraton Flex EOY even (81K HOs/SOs)

    Resale (free + title fee)
    - Sheraton Vistana Villages - Bella Annual (2 bed, Gold Plus, 67.5K SOs)

    We still owe roughly $12K on the Flex purchase. We were offered to upgrade the EOY to Annual, plus re-qualifying the Bella week for what amounts to an additional purchase amount of $13K

    Is it worth it for the additional 81K SOs EOY odd, plus re-qualifying the Bella?

    We're considering this due to the Marriott take-over of ILG, and how they deal with resale ownership in their system, wondering if Bella would become a burden we can't get rid of. Re-qualifying would also give us 3* status - that and 3 bucks gets a cup of coffee, I know.

    It also seems as if using Flex in II is far more advantageous than using week deposits. And finally, with Sheraton Kauai going into Flex, that raises that value considerably. (Our two most visited destinations are Orlando and Hawaii. We've pondered trying to get a WPORV resale, but the MFs are prohibitive there.)

    Thoughts from the wisdom of TUG??
     
  2. DeniseM

    DeniseM Moderator

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    With Marriott taking over Vistana, I would not make any moves right now, because we have no idea how they are going to change the system.
     
    Ken555 likes this.
  3. bizaro86

    bizaro86 TUG Member

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    If you're going to do a requal, I would give away the Bella week and get a 148k staroption week first. That would maximize the value of your developer spend.

    But I agree it makes sense to wait until the merger shakes out, because otherwise in 3 years they'll be offering you a chance to give them more money to requalify for a combined program.
     
    Last edited: May 12, 2018
    Ken555 likes this.
  4. dioxide45

    dioxide45 TUG Review Crew: Veteran TUG Member

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    Location:
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    Resorts Owned:
    Marriott's Grande Vista
    Marriott's Harbour Lake
    SVV - Bella
    SVV - Key West
    It doesn't really make sense to re-qualify the 67,100 Bella Mandatory week because you already get StarOptions out of that. They can't take that away from you post merger unless they take it away from every owner there. Buying a better voluntary week to re-qualify is a much better option. Though I agree with others, don't make any big moves right now because we have no idea how things will shake out.
     
  5. KevSki

    KevSki TUG Member

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    We bought a Bella and Key West for cheap separately ( $1 and $300). We then bought two voluntary resorts which had 148,100 options. We traded the SVV timeshares back to Vistana (they give you 80% of the original purchase price, one was $22,000 back to us, the other was 13,000). We then bought the cheapest developer timeshares, used the money from the sell back to defray the developer buy in and retroed the 148,100 units. Hope that helps
     
  6. darius

    darius TUG Member

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    For what it's worth, we did a requalification of resale, trade in and purchase all with one transaction. We are now 4* Elite and really happy with how it all worked out. The sales team member we worked with stated he believes the requalification and trade-in policies may tighten up once the merger is completed. If you are going to do something, I would do it before rules potentially change.
     
    DavidnRobin likes this.
  7. Ken555

    Ken555 Tug Review Crew: Rookie TUG Member

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    Sheraton Desert Oasis
    Suuuuure. Like anything sales says which is intended to close a sale sooner has any truth to it at all. Yeah, right.


    Sent from my iPad using Tapatalk
     
  8. DavidnRobin

    DavidnRobin TUG Member

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    WPORV (Kauai)
    WSJ-VGV (St. John)
    WKV (Scottsdale)
    Why 4*? Trying to get to 5*, or are you planning to use the 4* benefit?


    Sent from my iPhone using Tapatalk
     
  9. The Haileys

    The Haileys Guest

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    We were told this too, that Vistana was ending the policy of giving credit for resales, and the new money requirement to re-qualify will be increasing. This was before the Marriott-ILG buy out was announced.


    Sent from my SM-G950U using Tapatalk
     
  10. Ken555

    Ken555 Tug Review Crew: Rookie TUG Member

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    Perhaps I was being too subtle. I don’t believe anything told by a sales employee who is directly compensated for closing deals. I don’t care if they tell me the sun rises in the east, I won’t believe it unless I can verify it independently.


    Sent from my iPad using Tapatalk
     
    vacationtime1 and Helios like this.
  11. Helios

    Helios TUG Member

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    Last time I talked to direct sales (announcement day) there was no mention of this.
     
  12. VacationForever

    VacationForever Tug Review Crew: Rookie TUG Member

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    Anything a salesperson says to encourage a BUY NOW!
     
  13. darius

    darius TUG Member

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    David,

    We didn't really need the 4* (Already Plat SPG and Marriott), but it came with the purchase. We wanted to requalify our Nanea 3 bedroom to do this, so while we were at it we purchased a cheap week and traded it in for a credit for a developer purchase. I wouldn't even go for 5* right now, even if I wanted to after Platinum since the new SPG credit card gives you Platinum with 75K annual spend and would make it super easy to obtain if not already there.

    Darius
     
  14. darius

    darius TUG Member

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    Exactly Ken, that's why I said for what it's worth :).
     
  15. Ken555

    Ken555 Tug Review Crew: Rookie TUG Member

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    Then why did you suggest making a purchase before the rules change?


    Sent from my iPad using Tapatalk
     
  16. duke

    duke TUG Member

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    Credit card is NOT THE SAME - Vistana 5*Elite gets SPG Platinum AND 50 NIGHT CREDIT each year = 5 SUITE NIGHT AWARDS.

    See https://tugbbs.com/forums/index.php?threads/5-elite-platinum-in-new-program.273774/
    and Vistana FAQ's.
     
  17. YYJMSP

    YYJMSP TUG Member

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    That would be very different than what we've been getting all these years -- 5* Elite got us SPG Platinum each year, but the same version as the Lifetime Platinums. You still had to stay 50 nights to get the additional benefit of 10x SNAs, stay 75 nights to get the additional benefits of extra point/Your24, and stay 100 nights to get the additional benefits of an Ambassador. None of these are included in base Platinum, they are all additional benefits you get as you cross a threshold to the next level up.

    My understanding is that 5* Elite will get Platinum status in the new system (same as the Lifetime Platinums), but would still have to stay 50 nights to get the first 5x SNAs, 75 nights to get the second 5x SNAs, etc. just as before.

    The online notes at Marriot say:

    Annual Choice Benefit (5 Suite Night AwardsTM or Gift Option)
    *Awarded with 50 qualifying nights

    Additional Choice Benefit (5 Suite Night AwardsTM or Gift Option)
    *Awarded with 75 qualifying nights​
     
    Last edited: May 15, 2018
  18. okwiater

    okwiater TUG Member

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    @YYJMSP -- the Vistana literature which promotes Gold and Platinum level status specifically states that the Platinum level will include Suite Night Awards as part of an "Annual Choice Benefit." It's possible that this is a mistake, but there is no mention of a minimum stay requirement. See the linked thread here: https://tugbbs.com/forums/index.php?threads/5-elite-platinum-in-new-program.273774/

    In addition, the Vistana FAQ specifically states that the "stay qualifier [is] waived for 5 Star Elite VSN Members" here: https://www.vistana.com/news-faq#faq201804
     
  19. YYJMSP

    YYJMSP TUG Member

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    both of those statements are in lone with how it works now.

    the SNAs item has a little dot that points back to the footnote that it only applies after 50 nights in the regular literature.

    the nights waiver means we dont have to stay the 50 nights to get Platinum status, but doesnt mean we get benefits associated with min nights stayed.

    regardless, we'll have to wait and see what actually happens in Aug and the new year.
     
  20. controller1

    controller1 TUG Member

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    The difference is that currently the "base" Platinum is Platinum with less than 50 nights. The new "base" Platinum starts at 50 nights with the 5 SNAs. There is no Platinum below the 50-night Platinum. The Vistana literature specifically states the benefit of 5 SNAs.
     
  21. duke

    duke TUG Member

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    This is clearly correct.
    AND there is some logic to "increasing" the benefits for base Platinum for 5*Elite.
    1. Seems that new Marriott is removing the SPG benefit of "upgrade to any available suite at check in" and replacing with the Marriott benefit of "upgraded" room at check in. Upgraded room can include some "select" suites but mostly will be corner room, larger room, or better view.
    2. New Marriott has created the 5 or 10 Suite Night Awards (which currently don't exist) to cover the reduced benefit but you only get it with 50 or 75 night stays.
    3. Vistana Sales needs to have something to offer to get multiple weeks sold to same Owner so they are paying more for the annual 50 night credit to be included with Platinum for 5*Elite.

    The scanned brochure and Vistana FAQs confirm this.

    For me, I am much better off with the new increased Platinum benefits because I would rather have the Suite upgrades confirmed at time of reservation.
     
  22. VacationForever

    VacationForever Tug Review Crew: Rookie TUG Member

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    The issue with Suite Nights Certificates is that the suite nights are not confirmed at the time of reservation, but instead they are asigned 5 nights before arrival until 2pm of check in day. If nothing is svailable, the suite certificates are returned. In addition, the number of nights in the reservation must match number of suite night certificates used to redeem.
     
  23. darius

    darius TUG Member

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    Hi Ken - If you read my post above it says "potentially". I don't work for Vistana, but it would make sense to me as someone who has done several mergers that things could absolutely change - and could very likely will. Therefore, my suggestion is that if someone is considering doing something non-standard (i.e. requalification, trade-in, etc) I would recommend doing it BEFORE any POTENTIAL change.

    To some people, resale without any qualification ever is no problem. To others, there are real benefits to having all the developer features available.
     
    The Haileys, KevSki and controller1 like this.
  24. darius

    darius TUG Member

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  25. youknowthenight

    youknowthenight TUG Member

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    Am I reading this right that you can trade-in resale weeks and get 80% of developer value if you buy a new unit?
     

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